Paringa makes $2.5m loss for the half

PARINGA Resources has reported an operating loss before tax of $2.5 million for the six months to December 2016, compared to a loss of $3.4 million for the previous corresponding period, as it continues to develop coal mining assets in the US.

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Paringa makes $2.5m loss for the half Paringa makes $2.5m loss for the half Paringa makes $2.5m loss for the half Paringa makes $2.5m loss for the half Paringa makes $2.5m loss for the half

The loss is largely as a result of recognising exploration and evaluation expenses of $2.

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